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Earn Your Leisure

Scholars Corner: What You Need to Know About Hard Money Loans

Earn Your Leisure

iHeartPodcasts

News, Investing, Careers, Education, Entrepreneurship, Business, Business News

4.97.9K Ratings

🗓️ 11 October 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

Dive deep into the world of hard money loans in this comprehensive guide. Whether you're a real estate investor, house flipper, or just curious about alternative financing options, this video will cover the basics, benefits, and potential pitfalls of using hard money. Don't miss out on this essential information to make informed decisions!


#HardMoneyLoans #RealEstateInvesting #AlternativeFinancing #FinanceTips #LoanBasics



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Transcript

Click on a timestamp to play from that location

0:00.0

You don't need special gadgets to be a hero.

0:03.9

With the limited 1.5% cashback on every purchase, everywhere, the Capital One quick silver

0:08.6

card makes you the hero of every purchase.

0:11.4

Whether it's headphones, a lounge chair, or even a well-deserved massage, whatever the

0:15.4

quick silver purchase, you're the hero.

0:17.9

No fighting bad guys, getting an epic card chases, or parachuting out of buildings required.

0:23.1

Simple isn't it?

0:24.3

Capital One quick silver card.

0:26.3

What's in your wallet?

0:27.8

On supply, see CapitalOne.com for details.

0:32.1

Your hard money, guys.

0:33.1

It's going to be what's going to get you through if a flip's going to take you four months.

0:38.4

Okay.

0:39.4

How much is my rehab?

0:40.4

How much is my house?

0:42.6

What kind of loan do I need and then we get in and out of this thing?

0:46.4

Okay.

0:47.4

So I asked the approval process, doesn't take them all.

0:50.4

I've seen them underwriting a deal and on the phone, doesn't take them all.

0:54.4

Less stranger credit requirements.

0:55.4

They don't really check your credit.

0:57.0

I've never really had one look at my credit at all.

...

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